2020-01-14 Home Front: Politix
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New Jersey To Revive Millionaire's Tax Push Amid Wealthy Exodus
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[Fox Business via Bongino]
New Jersey’s Democratic Gov. Phil Murphy is once again expected to push for higher taxes on the state’s wealthy residents this week.
In his State of the State address scheduled for Tuesday, Murphy will revive a push for the so-called millionaire’s tax, which would raise taxes on people earning more than $1 million.
States with the highest outbound migration rates in 2019:
New Jersey:
Outbound migration rate of 68.5 percent.
Tax rates in the state range from 1.4 percent to 8.97 percent.
It finally ocurs to me what the Dem's basic problem is... they have no concept, whatsoever, of cause and effect.
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